Tag Archives: Cryptocurrency Analysis

After the bear market in the 2018-2019, the bitcoin price has returned to around US$10,000. As this transaction volume continues to increase, the bear market cycle of bitcoin has been completely reversed. At the same time, with the impacts of bitcoin halving, access of mainstream institutions and the application of blockchain development, the entire cryptocurrency market tends to be optimistic and more industry-related benefits are being brewed.

Although it’s hard to predict when the super bull market will come in which the price will increase several times within a year, the reversal of trend has provided a very positive signal for our long-term investors: it’s time to get rid of the bear market thinking and be bolder to purchase and store coins.

Just as we have discussed before that from the view of bitcoin address, the proportion of long-term holders are still increasing. Then, for those who choose to hold the coins for a long term, what are the methods to “make profits with coin storage” under the premise of security? Since some mining workers always asked similar questions, we will put into our discussion today.

Recently, Facebook released a white paper on its cryptocurrency, Libra, and described it as a “global currency.”

Being based on blockchain technology, Libra is very similar to bitcoin although it also depends on real assets such as a portfolio of stable government bonds; more than 20 partner institutions including MasterCard, Visa, PayPal and Coinbase will participate in the plan. Each partner agency will pay at least US$10 million as membership fee and Facebook initially intends to attract at least 100 partner institutions and US $1 billion of assets.

In practical operation, Libra is more like the online payment systems such as PayPal instead of the cryptocurrency like bitcoin. The following three figures illustrate why Libra is more like the PayPal instead of bitcoin.

By comparing bitcoin, gold and legal currency, we find that bitcoin has great potential as good value reserve, and further analyze the value range of bitcoin by means of the valuation approach based on the Store of Value.

In Applied Mathematics there is a very interesting branch named Game theory. According to its literal meaning, it should be known as a theory of “game”. However, the “game” here does not refer to the scope of conventional entertainment, otherwise it will never have the values of mathematics researches. In a broad sense, the “game” is a model in which many scenarios involving strategic games can be modeled in this way.

“Decentralized applications” (also known as DApps) has become a hot spot in the current blockchain industry, but once we get down to do researches, we will find that most DApps are just gaming plate or funds plate. What’s more worrying is that DApps may become another word with vague definition after the “blockchain” and there are various misunderstandings in the market about it.

Now, we’d like to share the current status of DApps and the key solutions and methods from the history of decentralization and centralization. We believe that our experience shared as follows will bring inspirations for you.

The world of blockchains is full of quick conversion and the replacement of the old by the new occurs every day.

In this world, there is a conventional line, the Top 20 market value. The one crossing the threshold is called the “mainstream currency”, just like the colleges and universities in China, the most powerful ones are called 985 and the ones in the second echelon are called 211 while the others are just common colleges.

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